Pandora Pop Is Gone Day After IPO

Re:Pandora Pop Is Gone Day After IPO by makmanalp on Thursday June 16, 2011 @11:39AM (#2661690)

They're profitable?

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Re:Pandora Pop Is Gone Day After IPO by jtreminio on Thursday June 16, 2011 @12:03PM (#2661825)

http://news.cnet.com/8301-31001_3-10433355-261.html

Looks like they recently turned their first quarterly profit.

I love Pandora. It's the app that's being run the most on all my machines (laptop/desktop/android). In my eyes it's completely overpowered things like satellite radio.

Google Music is nice, too, but only if you have a large existing library of music, and in my recent experience it's been very slow to jump from one song to the other.

I used to listen to Pandora for ~50 hours a month, but since they added in comedy show clips, my usage has jumped up quite dramatically. I absolutely love it.

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Re:Pandora Pop Is Gone Day After IPO by simonsarris on Thursday June 16, 2011 @12:12PM (#2661877)

That doesn't seem right at all. From Reuters yesterday,

"Chief Executive Joseph Kennedy said there was no timeline to turn a profit, though a larger audience should eventually attract advertising dollars."

http://www.reuters.com/article/2011/06/15/pandora-idUSN15283...

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Re:Pandora Pop Is Gone Day After IPO by ryanhuff on Thursday June 16, 2011 @01:01PM (#2662118)

The royalty rate that Pandora pays will increase 10% a year until 2015, which is when their current agreement expires. So, essentially, they have to be 10% better at extracting value out of each song played over the next 3.5 years. All bets are off come 2015.

http://techcrunch.com/2010/06/16/tc-teardown-pandora-the-tou...

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Re:Pandora Pop Is Gone Day After IPO by webbruce on Thursday June 16, 2011 @12:11PM (#2661873)

I don't think this is correct at all actually: http://www1.realclearmarkets.com/news/reuters/finance_busine...

And their stock price reflects it

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